Consistent Export Growth: 22.03% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7505 have grown at a compound annual rate of 22.03% over 7 fiscal years, rising from ₹163.65 Crore in FY 2018-19 to ₹540.53 Crore in FY 2024-25.
HSN Sub Chapter 7505 represents Nickel bars, rods, profiles, wire under GST classification. This code helps businesses identify Nickel bars, rods, profiles, wire correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7505, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel bars, rods, profiles, wire.
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GST Rate for Nickel bars, rods, profiles, wire under HSN Code 7505. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Nickel bars, rods, profiles, wire.
Tariff HSN
Description
Bars, rods and profiles : Of nickel, not alloyed : Hollow bars
Tariff HSN
Description
Bars, rods and profiles : Of nickel, not alloyed : Other bars; rods and profiles
Tariff HSN
Description
Bars, rods and profiles : Of nickel alloys : Hollow bars
Tariff HSN
Description
Bars, rods and profiles : Of nickel alloys : Other bars; rods and profiles
Tariff HSN
Description
Wire : Of nickel, not alloyed
Tariff HSN
Description
Wire : Of nickel alloys
India’s Exports
FY 2024-25₹541 Cr
0.0146% of India’s total exports
India’s Imports
FY 2024-25₹1,959 Cr
0.0321% of India’s total imports
Trade Balance
FY 2024-25−₹1,418 Cr
Surplus rank #994 of 1233 subchapters
% of Chapter 75
FY 2024-2533.83%
Share of Chapter 75’s total exports in FY 2024-25
Import side: 18.75% of Chapter 75’s imports
Rank Within Chapter 75
FY 2024-25#1 of 8
Position by export value among subchapters in Chapter 75
Import-side rank: #2 of 8
At a glance
22.03%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#516
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+85.43%
Peak Growth Year
FY 2021-22 · strongest single-year move
33.83%
Contribution to Ch. 75
Share of Chapter 75 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−400.27
Exports
163.65 ₹ Cr
0.0071% share
— YoY
35.20% of Ch. 75
Imports
563.92 ₹ Cr
0.0157% share
— YoY
10.91% of Ch. 75
Balance
−537.73
Exports
166.82 ₹ Cr
0.0076% share
+1.94% YoY
25.54% of Ch. 75
Imports
704.55 ₹ Cr
0.0210% share
+24.94% YoY
12.70% of Ch. 75
Balance
−464.74
Exports
183.04 ₹ Cr
0.0085% share
+9.72% YoY
44.12% of Ch. 75
Imports
647.78 ₹ Cr
0.0222% share
−8.06% YoY
11.75% of Ch. 75
Balance
−467.83
Exports
339.41 ₹ Cr
0.0108% share
+85.43% YoY
36.07% of Ch. 75
Imports
807.24 ₹ Cr
0.0177% share
+24.62% YoY
10.16% of Ch. 75
Balance
−866.75
Exports
428.53 ₹ Cr
0.0118% share
+26.26% YoY
26.62% of Ch. 75
Imports
1,295.28 ₹ Cr
0.0225% share
+60.46% YoY
12.34% of Ch. 75
Balance
−1,388.43
Exports
530.23 ₹ Cr
0.0147% share
+23.73% YoY
38.79% of Ch. 75
Imports
1,918.66 ₹ Cr
0.0342% share
+48.13% YoY
17.28% of Ch. 75
Balance
−1,417.98
Exports
540.53 ₹ Cr
0.0146% share
+1.94% YoY
33.83% of Ch. 75
Imports
1,958.51 ₹ Cr
0.0321% share
+2.08% YoY
18.75% of Ch. 75
CAGR · 7-Year
Exports
22.03% /yr
Imports
23.06% /yr
reference, FY 2024-25
Export
₹1,597.71 Cr
Import
₹10,445.58 Cr
Trade Balance
−8,847.87
India's exports under HSN Sub-Chapter 7505 have grown at a compound annual rate of 22.03% over 7 fiscal years, rising from ₹163.65 Crore in FY 2018-19 to ₹540.53 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7505 ranks #516 out of 1233 subchapters by total export value. Within Chapter 75, it ranks #1 of 8. By trade surplus, it ranks #994 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7505 was recorded in FY 2021-22, when exports surged by 85.43% over the prior year.
In FY 2024-25, India's imports of ₹1,958.51 Cr exceeded exports of ₹540.53 Cr, resulting in a trade deficit of ₹1,417.98 Crore — ranking #994 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7505 have grown at 23.06% CAGR, reaching ₹1,958.51 Crore in FY 2024-25.
Among the 8 subchapters under Chapter 75, HSN Sub-Chapter 7505 ranks #1 by export value — accounting for 33.83% of the chapter's total exports in FY 2024-25. On the import side, it holds 18.75% share (rank #2).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 7505 and GST compliance.
It includes Nickel bars, rods, profiles, wire
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Use a delivery challan for sending Nickel bars, rods, profiles, wire to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
If your outward supply of Nickel bars, rods, profiles, wire is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.